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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Distribution centers
201 Railroad Ave Selah, WA 98942-1410
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US90-2598452
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1983
Construction
METAL FRAME
Total area
45,839 SF
Lot
4.32 ac (188,179 SF)
Zoning code
M1
APN
181436-31044
UPID
US90-2598452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Matson Fruit Company Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.96M
Owner & transaction history
Matson Fruit Co · 8 yrs held
Matson Fruit Co
since 2018
7 recorded transactions
Zoning & alternative use
M1 · Selah, WA
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Selah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Selah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$65 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,905
Tax year 2024
Assessed value
$2,867,700
Assessed 2024
Previous assessed
$2,569,900
+11.6% YoY
Effective rate
0.87%
On assessed value
Assessed land
$470,400
Assessed improvement
$2,397,300
Land market value
$470,400
Improvement market value
$2,397,300
Total market value
$2,867,700
Applied tax rate
400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1983
Construction
METAL FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Total area
45,839 SF
Lot
4.32 ac (188,179 SF)
Zoning code
M1
APN
181436-31044
UPID
US90-2598452
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Selah, WAZoning M1 · permitted uses
M1 · Selah, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinances | Selah, WA
Building & site characteristics
From public records
Year built
1983
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.32 ac
Current owner
From public records · entity-resolved
Matson Fruit Co
Entity
Mailing address
PO BOX 307, SELAH, WA 98942-0307
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2018
—
Matson Fruit Co
—
Loan Modification
related
$4,460,000 · Farm Credit Svcs
Oct 30, 2017
—
Matson Co
—
Loan Modification
related
$10,000,000 · Farm Credit Svcs
Mar 29, 2017
—
Matson Fruit Co
—
Loan Modification
related
$7,100,000 · Farm Credit Svcs
Oct 19, 2016
—
Matson Fruit Co
—
Deed
related
$2,300,000 · Farm Credit Svcs
Sep 8, 2016
—
Matson Fruit Co
—
Deed
related
$2,300,000 · Farm Credit Svcs
Dec 19, 2011
—
View Fruit Cascade
—
Deed Of Trust
related
$7,000,000 · Northwest Farm Credit Svcs Pca
Jul 17, 2003
—
View Fruit Cascade
—
Deed Of Trust
related
$4,047,500 · Northwest Farm Credit Svcs
May 17, 1996
—
Matson Fruit Co
—
Deed Of Trust
related
$4,047,500 · Northwest Farm Credit Svcs
—
—
Matson Fruit Co
—
Loan Modification
related
$13,450,000 · Farm Credit Svcs
—
—
Matson Co
—
Deed Of Trust
related
$361,500 · Northwest Farm Credit Svcs
—
—
Matson Fruit Co
—
Deed Of Trust
related
$1,095,000 · Farm Credit Service
—
—
Matson Fruit Co
—
Deed Of Trust
related
$560,000 · Northwest Farm Credit Svcs Pca
—
—
Matson Fruit Co
—
Loan Modification
related
$2,300,000 · Farm Credit Svcs
—
—
Matson Fruit Co
—
Loan Modification
related
$2,300,000 · Farm Credit Svcs
—
—
Matson Co
—
Deed Of Trust
related
$995,900 · Northwest Farm Credit Svcs
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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